With its most recent collection, Starbucks, the largest coffee chain in the world, has managed to make a mark in the non-fungible tokens (NFT) market. The Starbucks NFT Collection was unveiled on March 10th, 2023, and sold out in just 20 minutes for a whopping $200,000. Unfortunately, the collection was only accessible to Starbucks Odyssey…
A recent survey hosted by Glossy and Modern Retail’s Q1 2023 among a diverse group of brands, has disclosed that a staggering 73% of them who have adopted Web3 last year are not confident about the potential benefits of Web3 technology as they have not seen any major shift in their business growth since the…
Cryptocurrencies have taken the world by storm, and among them, Bitcoin and Dogecoin are two of the most popular. Bitcoin, the first-ever cryptocurrency, was created in 2009 by an anonymous person or group using the pseudonym Satoshi Nakamoto. On the other hand, Dogecoin was created in 2013 as a joke by software engineers Billy Markus…
Since last year, OpenSea, the biggest market for buying and selling non-fungible tokens (NFTs), has been the target of numerous hacks. Due to several hacking efforts, the platform has lost NFTs totaling $200 million so far. Users grow skeptical as a result of this loss. Although Opensea just fixed a vulnerability that may have revealed…
The Significance of bitcoin and other cryptocurrencies is growing at a rapid speed, as a result, several countries are now understanding its importance and taking necessary steps to make it accessible to a large number of people without facing any financial risk. In addition, a group of firms has stepped into this initiative and unveiled…
The Shiba Inu metaverse team has released their new SHIB website and visuals, which will offer users a more streamlined and interactive experience. This exciting news comes on the heels of increased interest in the cryptocurrency world and the Shiba Inu token in particular. What are the Features of the Website? The new SHIB website…
The FTX scandal and its ex-CEO has been making headlines since last year when allegations of fraud arose. The media continues to follow the case and new revelations have once again sparked a flurry of activity on the internet. This time, however, the news is positive; bringing hope amidst a tumultuous period as Sam Bankman-Fried…
On this joyous occasion of the Spring Festival, China is allocating a generous sum of $26 million in Central Bank Digital Currency (CBDC) to its citizens. This munificent gesture reflects their commitment to financial inclusion and technological progress. The government’s digital Yuan activities have seen a massive uptake in multiple cities, with the total value…
Binance, the world’s largest crypto exchange by trading volume, recently announced its decision to suspend USD transfers due to a lack of support from banks. This news has caused shockwaves throughout the cryptocurrency industry, raising concerns about the stability of digital assets and their long-term future. From tomorrow, February 8th, 2023, the suspension will take…
Cryptocurrency pioneer Voyager is on a mission to protect its investors and uncover the truth behind the controversial merger with FTX and Alameda Research. Let us take a deeper dive to learn further about the ongoing dispute. What has happened? Voyager Digital’s legal staff has thrown a bombshell at well-known crypto figures, Sam Bankman-Fried and…
